May 16 - Low energy prices mitigate tariff costs | AI arms race continues
Contractors tout tech as AI arms race continues; Lendlease puts finishing touches on $316M LA apartments; New York contractors boost pay, benefits to fight labor shortages; Public builders flag initial tariff impacts
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Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march.
A report that surveyed more than 200 contractors in New York also highlighted workforce development programs, flexible work options and mental health resources.